Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic ...
Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.
As a university employee and since then, David Peetz has undertaken research over many years with occasional financial support from governments from both sides of politics, employers and unions. He ...
Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. Total output drives the market opportunity of companies. Total ...
After three ‘lost decades’ of economic performance, wages in Japan showed signs of positive growth in 2024. To deliver sustained increases to real wages, Japan must improve labour productivity growth.